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Best way to send: Wise
We tested & reviewed 3 money transfer companies offering services between India and Morocco, and Wise scored highly.
In total, Wise appeared in 88.9% of India to Morocco searches, and was the top rated company out of 3 that support transfers into Moroccan Dirham.
So for a great mix of cost, speed & features, make your India to Morocco transfer using Wise.
How to compare deals on your India to Morocco transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from India to Morocco.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Morocco from India.
Summary of recent searches
Understanding India to Morocco money transfers
Comparing providers when sending money from India to Morocco is the easiest way to make a transfer at the best price.
We’ve compared 3 providers for sending Indian Rupee to Morocco. This ensures you will get the best options for your transfer to Morocco from India.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from India to Morocco.
Cheapest way to transfer money from India to Morocco: Ria Money Transfer
Our data shows Ria Money Transfer is 5.4% cheaper than the second-best option. The company offers an average fee of 4* INR and an average exchange rate between INR and MAD that is 2.8% different to the mid-market rate.
For a cheap way to send INR to Morocco, Ria Money Transfer is a great all round choice.
*The most common fee applied to INR-MAD by Ria Money Transfer, based on data from the past six months.
Fastest company to send money to Morocco from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Moroccan Dirham 54.5% of the time.
Sending money through Ria Money Transfer to Morocco from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 3 money transfer providers. Within this, we looked at the overall speed of sending money from India to Morocco. This was made up of transfer times to Morocco after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Morocco are a priority, Ria Money Transfer is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 3 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Moroccan Dirham to Moroccan Dirham.
As such, opt for Wise for sending large sums of money to Morocco from India.
Understanding the cost of moving money from India to Morocco
The total cost of sending money to Morocco from India, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for INR-MAD is 0.1169 MAD per Indian Rupee.
Finding a company offering an exchange rate closer to this will mean more Moroccan Dirham for your Indian Rupee.
The average INR-MAD mid-market rate for the last three months has been 0.1169 MAD per Indian Rupee. This includes a high of 0.1185, and low of 0.1159.
Out of the 3 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting INR to MAD should be the biggest determining cost factor when transferring Indian Rupee to Morocco.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Ria Money Transfer, with a fee average of 4 INR per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Moroccan Dirham eventually received in Morocco.
A lower cost of sending from India will result in more money received in Morocco.
How to find the best exchange rate for Indian Rupee to Moroccan Dirham
Timing is essential for sending money between INR and MAD. The exchange rate you secure impacts how much MAD you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to MAD has seen some fluctuation. On average, it stood at 0.1169.
During this period, the highest value recorded was 0.1185, while the lowest was 0.1159.
Wise, which is our recommended service to send money online from India to Morocco offers an exchange rate that is only -0.06% above the mid-market rate.
Want to secure the best INR-Moroccan Dirham exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Morocco!
Funding your India to Morocco transfer
Bank transfers
The default option for sending money from India to Morocco is often a bank transfer.
Using a money transfer company, such as Ria Money Transfer for transfers from India to Morocco, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 3 we tested, the cheapest provider for bank transfers from INR to Morocco is Ria Money Transfer.
With an average fee of INR4 to send money from India to Morocco, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from India to Morocco with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between India and Morocco.
Credit cards
Wise is the best money transfer company of the 3 compared for credit card transfers from India to Morocco
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Morocco and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Morocco.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to MAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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